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IOTA's Moment? Blockchain developer Iota is launching the first Abu Dhabi-regulated foundation with hopes of accelerating the growth of their technology in the Middle East! IOTA is up nearly 50% on the day, but is this pump one you should ape? Probably not👇
By being the first regulated Foundation in the Middle East, #IOTA is paving the way to onboard institutional investors. Here's what @ADGlobalMarket's CEO Hamad Sayah Al Mazrouei has to say on this exciting news 👇
Read more: https://t.co/7NYe2L6pv0 pic.twitter.com/7m2IsTosU4
Under recently introduced Abu Dhabi regulations meant to attract digital ledger technology (DLT) companies to the UAE, foundations – like Iota’s – can establish decentralized autonomous organizations there to operate legally and issue tokens to members.
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